Fiscal Responsibility and Budget Management Act in India: A Review and Recommendations for Reform

doi:10.22617/WPS178804-2

GSTDTAP > 气候变化

DOI	10.22617/WPS178804-2
	Fiscal Responsibility and Budget Management Act in India: A Review and Recommendations for Reform
	[unavailable]
	2017-07-27
出版年	2017
语种	英语
国家	国际
领域	气候变化
英文摘要	The paper assesses India’s experience with fiscal consolidation and performance under the Fiscal Responsibility and Budget Management (FRBM) Act. The paper reviews the international experience and best practices on fiscal rules, types of rules, introduction of fiscal councils and compares India’s FRBM framework against properties of fiscal frameworks, including fiscal balance, capital spending, optimal debt levels, cyclical considerations, and underlying budget processing and implementation. The paper analyzes various reform options based on quantitative fiscal rule simulations. Finally, the paper presents recommendations on adopting appropriate fiscal rules and targets with clearly defined escape clauses and strengthening the enforcement of fiscal rules. Contents Introduction Literature on Fiscal Rules India's Fiscal Responsibility and Budget Management Experience Fiscal Rules: International Experience with Special Attention to the Asia and Pacific Region An Assessment of India's Fiscal Responsibility and Budget Management Framework and Fiscal Rules Reform Options for India Based on Simulations Recommendations Conclusion
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来源平台	Asian Development Bank
引用统计
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/234165
专题	气候变化
推荐引用方式 GB/T 7714	[unavailable]. Fiscal Responsibility and Budget Management Act in India: A Review and Recommendations for Reform,2017.

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